Caduceus Capital Partners has finalized its investment in ScriptDrop, a company that makes prescription delivery easy and accessible by connecting patients, pharmacies and couriers through its technology platform for a seamless experience.
ScriptDrop offers a streamlined prescription delivery solution that puts medications in the hands of the patients who need them, when they need them. The company’s technology allows pharmacies to electronically request delivery on behalf of their patients. ScriptDrop then engages a nationwide courier network to take prescriptions from the pharmacy counter to the patient's doorstep.
The company currently works with some of the country's top grocery chains, pharmacy chains and health systems, including Albertsons, Publix, Jewel-Osco, Safeway and Vons. Notably, ScriptDrop announced a partnership with Uber last spring.
The company has scaled rapidly over the past two years, delivering five million prescriptions nationwide.
Founded in 2020, Caduceus Capital Partners invests in early-stage digital health companies that can make a significant impact on healthcare by expanding access, improving patient outcomes, reducing costs and enhancing the daily working lives of care providers.